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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Compadre who wrote (24819)6/6/1999 11:28:00 PM
From: F Robert Simms  Read Replies (1) | Respond to of 44573
 
<Your nets are short on Friday's close. Does it mean the market
will go down next Monday ( June 7, 1999 ) ?>

My data is EOD and predict the close of the next day to buy, sell or get flat on market close. If my nets were perfect then a prediction like I gave on going short on Friday's close would mean that the market would drop anytime from noon Friday to noon Monday. My nets aren't perfect. Also my prediction was off of basically one net and should be not given the weight that my usual prediction would have. I did some new nets and some of them are long and some are going short on Monday's close. I will try to figure out how to weight my new nets. I didn't trade on my signal as it wasn't of my usual confidence level fwiw.

Best Wishes,

Bob